Forex glossary – letter L

Here are all the definitions of the terms starting with the letter L. If your are looking for the definition of specific term or if you want to add your own definition, please contact us.

LAK : ISO 4217 currency code, Currency used in Laos, called Kips.Larry Williams %R : A version of the stochastics oscillator. It consists o...Last Trading Day : The day on which trading ceases for an expiring contra...LBP : ISO 4217 currency code, Currency used in Lebanon, called Pounds.Leading Indicators : Economical indicator, A composite index of ten Econo...Leading Indicators Index : An economic indicator designed to offer a six-...Leverage : In options terminology, this expresses the disproportionately ...LIBID : See London Interbank Bid Rate.LIBOR : The London Interbank Offered Rate.LIFFE : See London International Financial Futures Exchange and Options E...Limit : (1)The maximum price fluctuation permitted by an exchange from th...Limit Down : The maximum price decline from the previous trading day´...Limit Order : An order to buy or sell a specified amount of a security at...Limit Up : The maximum price advance from the previous trading day´...Line chart : The line connecting single prices for each of the time perio...Linearly weighted moving average : A moving average that assigns more wei...Lines : An arrangement by which a bank agrees to lend to the line holder ...Liquid Assets : Assets that can be easily converted into cash. Examples: ...Liquid Markets : The ability of a market to buy and sell at ease with no ...Liquidation : Any transaction that offsets or closes out a previously est...Liquidity : The ability of a market to accept large transactions.LKR : ISO 4217 currency code, Currency used in Sri Lanka, called Rupees.Lombard Rate : One of the key commercial interest rates normally referrin...London Interbank Bid Rate : Abbreviated LIBID. The rate charged by one ba...London Interbank Offered Rate : Abbreviated LIBOR. The rate charged by on...London International Financial Futures Exchange : Abbreviated LIFFE. See Londo...London International Financial Futures Exchange and Options Exchange : Abbreviated LIFFE. Market p...Long : The holding of an excess of a particular currency.Long black : See Long black line.Long black line : This is a bearish line. It occurs when prices open near...Long Hedge : The purchase of futures contracts for price protection purpo...Long legged shadows doji : A reversal candlestick formation that consists...Long Position : In foreign exchange, when a currency pair is bought, it i...Long straddle : A compound option that consists of a long CALL and a long...Long strangle : A compound option that consists of a long CALL and a long...Long white empty line : See Long white line.Long white line : This is a bullish line. It occurs when prices open near...Long-legged doji : This line often signifies a turning point. It occurs w...Lot : A unit to measure the amount of the deal. The value of the deal alw...LRD : ISO 4217 currency code, Currency used in Liberia, called Dollars.LSL : ISO 4217 currency code, Currency used in Lesotho, called Maloti.LTL : ISO 4217 currency code, Currency used in Lithuania, called Litai.LVL : ISO 4217 currency code, Currency used in Latvia, called Lati.LYD : ISO 4217 currency code, Currency used in Libya, called Dinars.